Palm oil data due in week 23—27 January 2023 and expectations | Palm oil data 23 27 Jan

1.) Bursa Malaysia will be closed on 23 and 24 January 2023 for the Lunar New Year public holiday—Normal trading will resume on Wednesday 25 January with the market pricing in 1-25 January export performance. Expected to say in the red.

2.) ITS, Amspec, and SGS Malaysia 1-25 January 2023 exports—Exports are widely predicted to remain…

3.) Indonesia prepares to embark on B35 from the 1st of February—Indonesia’s B35 biodiesel program is expected to absorb an additional…

4.) SPPOMA 1-20 & 1-25 January 2023 production— Production will very likely remain in the…

5.) MPOA Malaysia 1-20 January 2023 production estimate—The first 20 days of production is forecast to be…

6.) Dalian and Zhengzhou Exchange closure– The 2 major edible oil exchanges in China will be closed from Monday 23 to Friday 27 January 2023 due to the Chinese Lunar New Year celebration. Normal trading resumes on Monday 30 January.

 

For more analysis please subscribe or get a free trial at info@palmoilanalytics.com